Buyout (LBO, MBO, MBI) • Retail

Arcapita and ZS Fund Acquire Loehmann s

On October 1, 2004, asset manager Arcapita and private equity firm ZS Fund acquired retailer Loehmann s

Acquisition Context
  • This is Arcapita’s 1st and ZS Fund’s 1st transaction in the Retail sector.
  • This is Arcapita’s 13th and ZS Fund’s 2nd transaction in the United States.
  • This is Arcapita’s 1st and ZS Fund’s 1st transaction in New York.
Investment Fate
  • Loehmann s was recapitalized in 2010.
  • Loehmann s went bankrupt in 2013.

Explore All 718 Buyout (LBO, MBO, MBI) Retail Deals - Search the Database Free


M&A Deal Summary

Date October 1, 2004
Target Loehmann s
Sector Retail
Buyer(s) Arcapita
ZS Fund
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Loehmann s

Bronx, New York, United States
Loehmann's is a leading US specialty retailer of well-known fashion brands, offering designer apparel and accessories at prices that are typically 30-60 per cent lower than prices at department stores.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyers Overview 2

Buyer

Arcapita

Manama, Bahrain

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1997
Size Mega
Type Sector Agnostic
DESCRIPTION

Arcapita is a private investment firm with separate investment disciplines spanning venture capital, corporate investment, real estate, and asset-based investments. Arcapita's Corporate Investment practice looks to acquire controlling interests in established companies valued between $50 million and $500 million. Sectors of interest include consumer products/services, healthcare, energy, technology, and manufacturing. Arcapita's infrastructure team looks to invest $50 to $300 million in energy, water, and transportation assets. The Firm will consider opportunities around the globe; including the United States, Latin America, Russia, China, Europe, Middle-East, and India. Arcapita was formed 1997 and has offices in Manama, Bahrain; Atlanta, Georgia; London; and Singapore.


Deal Context for Buyer #
Overall 14 of 47
Sector: Retail 1 of 4
Type: Buyout (LBO, MBO, MBI) 13 of 28
State: New York 1 of 3
Country: United States 13 of 32
Year: 2004 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-01 Zephyr Investments

Reading, United Kingdom

Zephyr Investments Limited is a portfolio of wind farms in the United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-01 South Staffordshire

Walsall, United Kingdom

South Staffordshire is an integrated services group with a highly regarded regulated water supply business covering two separate supply regions (South Staffs Water and Cambridge Water), coupled with the provision of related, non-regulated specialist services within two main divisions, Echo and SSI Services. South Staffordshire was founded in 1853 and is based in Walsall, United Kingdom.

Buy £245M
Buyer

ZS Fund

New York, New York, United States

Category Private Equity Firm
Founded 1985
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

ZS Fund L.P. is a private equity firm engaged in making long-term investments in established middle-market companies. The firm focuses on transactions that provide liquidity to business owners while enabling them to maintain a significant ownership stake and keep their company independent. ZS pursues privately-held, closely-held, or publicly-traded companies that have a high return on capital relative to industry peers. The firm targets companies with an annual operating profit of at least $4 million. ZS Fund L.P. was founded in 1985 and is based in New York City.


Deal Context for Buyer #
Overall 2 of 11
Sector: Retail 1 of 1
Type: Buyout (LBO, MBO, MBI) 2 of 4
State: New York 1 of 3
Country: United States 2 of 11
Year: 2004 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-03-01 ARC

Walnut Creek, California, United States

ARC is a reprographics company providing document management services to the architectural, engineering and construction industries and to other industries that require sophisticated document management services. ARC is headquartered in Walnut Creek, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-01 ARC

Walnut Creek, California, United States

ARC is a reprographics company providing document management services to the architectural, engineering and construction industries and to other industries that require sophisticated document management services. ARC is headquartered in Walnut Creek, California.

Sell -